Westpac (ASX:WBC) holds steady; dividend cash seen as buffer in rate-risk week
Westpac closed Friday at A$35.14, up 0.23%, after paying a fully franked A$0.77 interim dividend. The S&P/ASX 200 rose 0.18% on the day but fell 0.73% for the week. Trimmed mean CPI rose to 3.6% in May, while unemployment edged down to 4.4%. Job vacancies in financial services dropped 21.4% in the May quarter.